The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-04-15

easy, IhuRluk lIOu w % per Cout.
closing offered at q per cent. Prime
mercantile paper, 5(G6 per cent. Ster
ling exchange dull and steady at 1851
@4s6 for sixty day bills and 487@4S7l
for demand.
Bonds - Government and State
bonds were dull and steady.
Stocks-Ths foreign interest sgsiO
turned up as buyers this morning, the
reduction in the Bauk Of England rate
being one Of the prime causes OF the
movement. The new buying, however,
was met by iIes offerings Of long stock
and a renewal Of the hammering pro-
cess, in which the bear party, most oil
the room traders who have lately gone
short of a considerable line of ocks,
and some OF the old bull party who are
now looking for concession in values,
were prominent. The market was
again somewhat feverish and unset
tied, and the results Of the days
trading are unsatisfactory alike
to both sides OF the account.
Reading and Jersey Central were not
so active as for the past few days, and
the latter was conspicuously weak
almost all day. The inference is that
the party in control have acquired
more than sufficient stock for their
purpose, and in view of the closing OF
books tomorrow, part OF the surplus
was let 60. Under the influence of the
heavy foreign purchases Louisville
aud Nashville became the most promi-
nent stock on the list, and reached
higher prices than ut any previous
time this year. Ga the revival OF the
stories OF close relations between that
company and the Norfolk and West.
ern, the preferred stock of the Ia ter
scored a material advance. The San
Francisco stocks also displayed marked
strength, which is to be attributed
partly to the contest for control and
partly to the probability of dividends
on the preferred stock. Wabash pre-.
ferred and Manhattan were also strong
early in the day, though most CT the
advance was lost toward the close.
The opening wa, firm to strong, first
prices showing advances over last
evenings final figures OF from 4 70 ] per
cent. withdrawing the heavy
purchases the pressure OF stocks for
sale forced the list down in the early
dealings, the market being fsvsrish
and Irregular. This waJ succeeded by
a period Of long dullness, when, under
the influence of Louisville and Nash
vile and the specialties, a better tone
was impaired to the dealings, and noon
prices closed approximating those OF
the opening, Jersey Central then brok G
badly and the general list sympath'z d
to a fractional extent and remained
heavy till toward 2 o'clock p M, when
q slight rally occurred in the last hour,
and the close was moderately active and
firm, closing to opening figures. Sales,
364,087 shares. RailoRd bonds were
comparatively quiet; fa'es, 81, 1874 900.
The market was somewhat irregular,
but generally steady to firm. Closing
prices generally show advances Of
email fractions.
Ths total sales OF stocks today ar
gregsted 364,0S7 shsres, including:
Delaware, Lackawanna and Western,
21,620; Erie, 81 ,594; Kansas and Tex
az, 1910; Lake Shore, $4,000; Louis
vile and Nashville, $500; Manhat-
tan Consolidated, $500; Northwestern,
$3.50; New Jersey Central, $4,000;
Northern Pacific pr sferred, 1910; Poo
ria, Decatur aud Evansville, 1860;
Reading, 1850; st. Paul. Is no; Tex
a, Pacific, $3.50; Union Pacific, $3.50,
and Western Union, IA 57l. Closing
quotations: q,
BONDS.
U. S. IS, 100. As, coup. 1875.
AS, coup, HOS. Pacific 6s of 1896. 126.
La. stamps, As, 9lA. Missouri Is, l02.
Cent. Pao. lists, 11615. Den. X. & G. lists 1901
D, &R. g. W. 1sts,Sl, Erie Ids, 1919.
NJ. Il. ut Gen is, 1921 North. Pac LIST, ll7N.
North. Pao. Eds, 1915. N. Western con. 1879.
INVEST, deb IS, ITO. St.L. S.F ,Gen.M. 1875
St.Paul con, 1871. st. P. q. &P. lists, l2l.
TIP. landgrants,631s. TIP. RIG ex con. 75A.
U. P. lists, 1l6A. West Shore. 1925.
Tenn. 6s, set INIT, 1864; Tenn.5s, set mt, 100.
Tenn. IS, set mt, M.
STOCKS.
Adams Exprsss,143. Morris4E. off ,1S7.
Allegheny Centl,-. Nashville & c., $50.
Alton x i. H., 33H. N. j. Central, S24
A. & I. H.&, pfd., %. Nor. h W. .pid, 535S.
American Ex., liz. Northern Pac 1875.
3. q. X. * N, 80. Northern Pac. pfd ,6OB
Canada Psc., 645S. G.. N. W., 1877.
Canada Sou, 6lI9. 2. * n W. pfd l47h.
Central Pacific, 4212. Ny Central, ll2H.
Chesapeake q 0.,S. N.Y.C,&St.L 10.
9. \ Q. LIST pfd, Az. Ny 9. &StL, pfd, 1874.
G. Il o. I'd pfd, 10. Ohio Central, -
Chicago & A., las. Ohio 4 Miss. pfd, Sl7s.
G. Il A. pfd, 100. on Miss. pfd, SO
c., B. * O., l42. Ontario X West, 1871.
G., St. L.. n. o. Oregon Nav, lU1.
G., St; La P.,lSIs; Oregon Trans, 343S.
G. st. LIZ P.pd, A. Oregon Imp, Al.
9. s. q c.. S.. Pacific Mail, So.
9. / Il. Valley "a 82l. Po0 0aaf 5 f., a5zs
Del. h Hud:, l4; Pittsburg, 1853.
Del, l. 4 v, 1891. Pullman 20, 1921.
Den. &Rio g, 32A. Reading, 453A.
Erie, 357s. Rock Island, l26
Erie pfd, q. St.L. q ST. 39t<,
New East Tenn. ,l91a. st. L. Il S.F pfd, 7914.
NewE. Tenn. pfd,H. St. L.&S. f LIST p, 1l6h.
Fort Wayne, 147. @. M. Il st. P, 925z.
Hannibal Il st. Je- .. NJ. d St.P, p, 100.
Harlem, IA. St.Paul l. Omaha, 523z
Houston a T., &c.. St.Paul 4 Q. pid, 112A
Illinois Central ,lS1. Tenn. Coal& Hon,4
Ind, B. 4 W. 26. Texas Pacific, 30.
Kansas KsEs Ii ss Toledo niSS 500. o;;SGsDs55.
Lake Shore, 95A. U. 8. Express. So.
Lou. 4 Mas b., 691l. W.,S.L.&P.. 2l%.
hou: q II. Az o5. M.,S.L. 4 p, S7H.
NJ. & G. LIST pfd, -. W. =. Ex., III.
Mem. 4 Chars 50. Colorado Coal, 40.
Mich, Cen. 9lH; Home Stake, IS.
Min. * st. L., 10. Iron Silver, $50.
Min. & st. L. pid,I4. Ontario, "a.
Missouri Pacific, Jos. Quicksilver, g..
Mobile & Ohio, l6h. Quicksilver pfd, 30.
NJ. i. S: 4 W. 81. south. Pacific -.
N, Lisa W .pfd, 1925. SutrO, q.
LONDON, April 14-Consolp, 1923
for both money and the account;
United States As, 1929 AIS, 1l23. Bar
silver, 44sd per ounce. The amount
of bullion withdrawn from the Bank
of England on balance today was
$4,000. The bullion in the Bank of
England has decreased el02, 900 during
the past week. The proportion Of the
Bank of England's reserve to liability
is 80. 10 per cent. The Bank of England
has reduced its rate Of discount FROM
3 to q per cent.
PARIS, April 14.-Three per cent.
rentes, S1f 25c for the account. The
weekly statement Of the Bank Of